Resource Development Group Ltd (RDG) — Tangible Net Worth Ratio

Latest as of December 2024: 97.4%

Resource Development Group Ltd (RDG) has a Tangible Net Worth Ratio of 97.4% as of December 2024. This metric is calculated by deducting intangible assets (AU$3.79 Million) from net assets (AU$144.10 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Resource Development Group Ltd (RDG) shareholders funds for net asset value and shareholders' equity analysis.

Tangible NW Ratio

97.4%
Tangible equity / total equity

Net Assets (Equity)

AU$144.10 Million
AUD

Intangible Assets

AU$3.79 Million
Goodwill, patents, brand value

Total Assets

AU$370.54 Million
AUD

Resource Development Group Ltd Tangible Net Worth Ratio (2010–2024)

This chart shows how Resource Development Group Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2010 to 2024. As of December 2024, the ratio stands at 97.4%, reflecting net assets of AU$144.10 Million with intangible assets of AU$3.79 Million AUD. Also explore Resource Development Group Ltd (RDG) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Resource Development Group Ltd (2010–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Resource Development Group Ltd from 2010 to 2024, covering 15 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Resource Development Group Ltd.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2024 97.1% AU$132.86 Million AU$3.89 Million AU$352.90 Million ▼ -2.9 pp
2023 100.0% AU$107.22 Million AU$0.00 AU$236.49 Million ▲ +0.0 pp
2022 100.0% AU$89.85 Million AU$0.00 AU$173.78 Million ▲ +0.0 pp
2021 100.0% AU$85.69 Million AU$0.00 AU$119.97 Million ▲ +0.0 pp
2020 100.0% AU$66.44 Million AU$0.00 AU$79.07 Million ▲ +0.0 pp
2019 100.0% AU$15.34 Million AU$0.00 AU$29.98 Million ▲ +0.0 pp
2018 100.0% AU$17.49 Million AU$0.00 AU$25.72 Million ▲ +0.0 pp
2017 100.0% AU$17.97 Million AU$0.00 AU$19.91 Million ▲ +0.0 pp
2016 100.0% AU$19.13 Million AU$0.00 AU$27.11 Million ▲ +0.0 pp
2015 100.0% AU$13.45 Million AU$0.00 AU$72.61 Million ▲ +57.4 pp
2014 42.6% AU$7.84 Million AU$4.50 Million AU$15.17 Million ▲ +9.7 pp
2013 32.9% AU$8.94 Million AU$6.00 Million AU$20.40 Million ▼ -67.0 pp
2012 99.9% AU$14.60 Million AU$15.11K AU$37.82 Million ▼ -0.1 pp
2011 100.0% AU$3.06 Million AU$0.00 AU$8.42 Million ▲ +0.0 pp
2010 100.0% AU$20.71 Million AU$0.00 AU$30.14 Million
pp = percentage points